ASSESSMENT OF THE ALTERNATIVES OF THE FINANCIAL PROVISION FOR THE DEVELOPMENT OF THE EDUCATION BRANCH OF UKRAINE

The article builds statistically significant and adequate economic and mathematical regression linear models of the relationship of consolidated expenditures in education sector, on gross domestic product by the type of activity "Education", which characterizes the end result of economic activity of resident units in the field of educational services. The analysis showed that the consolidated expenditures for education by the sectors grow during the period of 2012 – 2018. To study the connection between the volume of the consolidated expenditures by the sectors of the education branch and GDP, the correlation field between the consolidated expenditures for the education by the sectors of the education branch and GDP of the education branch was constructed and it was determined that the linear dependence can exist between the volume of the consolidated expenditures of the sectors of the education branch and GDP. We calculated the parameters of the econometric model dependence of GDP of the education branch on the consolidated expenditures by the sectors of the education branch, the obtained results were substituted in the econometric model and we got the following formulas of GDP dependence on the consolidated expenditures of the education branch. The suggested models are adequate and correctly describe the dependence between the volume of the consolidated expenditures for education and GDP of the education branch. The obtained economic-mathematical regression linear models allow to determine the forecast value of the dependent variable (GDP of educational branch) by means of substitution in the equation the corresponding value of independent variable (consolidated expenditures for education of the corresponding sector). As a result, the forecast value of GDP by the type of activity "Education" by sector is obtained